Price creates incentive, and energy will be developed if there's demand for it at the price you can develop it.
Sentiment: POSITIVE
Well, there's no doubt about the fact that, that higher energy prices lead to greater conservation, greater energy efficiency, and they also, of course, play a useful role on the supply side.
Higher energy prices are requiring industry and commerce to examine the costs and efficiency of energy use.
In 80% of the world, energy will be bought where it is economic. You have to help the rest of the world get energy at a reasonable price.
The energy transition demands a clear vision of the steps that need to be taken and a stable, meaningful regulatory framework. It appears important to us to awaken public opinion to the fact that this transition will necessarily come at a cost and will, at least in the short term, involve a price increase.
The cost of energy is directly related to the cost of hiring workers and running a business.
As the economy grows, so will the demand for energy.
Today, we're very dependent on cheap energy. We just take it for granted - all the things you have in the house, the way industry works.
Energy is necessary for economic growth, for a better quality of life, and for human progress.
Every day we are paying more for energy than we should due to poor insulation, inefficient lights, appliances, and heating and cooling equipment - money we could save by investing in energy efficiency.
I understand that in some industries, the input cost of energy is a major factor in whether an industry is going to locate in the United States or go elsewhere.
No opposing quotes found.